What is US Small Business Administration (SBA)?
The US Small Business Administration (SBA) was created by the US government to provide small businesses with loans, loan guarantees, contracts, counseling sessions and other forms of small business assistance. The SBA also gives small businesses the opportunity to bid on government contracts and sales of surplus property. Most “SBA loans” are loans made by traditional lenders (where a large portion of the loan is guaranteed by the SBA) and not loans made by the SBA itself.
SBA guaranteed loans typically give little availability based on your A/R. ECapital has a program to work with SBA lenders to make available the working capital trapped in your Accounts Receivable.